Controls & Procedures

Summary of Disclosure Controls and Internal Controls Over Financial Reporting (ICFR)

Management's Conclusions on Effectiveness:
Management concluded that both the Corporation's disclosure controls and procedures, and its internal control over financial reporting (ICFR), were effective as of December 31, 2021. The evaluation was conducted by the CEO, CFO, and Principal Accounting Officer, utilizing the COSO Internal Control - Integrated Framework (2013) criteria. An independent audit by PricewaterhouseCoopers LLP also confirmed the effectiveness of ICFR.

Material Weaknesses or Significant Deficiencies:
The provided text does not identify any material weaknesses or significant deficiencies in the controls.

Changes to Internal Controls:
The company reported that there were no changes during the last fiscal quarter that materially affected, or are reasonably likely to materially affect, the internal control over financial reporting.

Remediation Efforts and Noteworthy Items:
No specific remediation efforts for identified issues were detailed, as no deficiencies were noted. There were no noteworthy new controls or procedures introduced during the reporting period.

ITEM 9A. CONTROLS AND PROCEDURES
Management's Evaluation of Disclosure Controls and Procedures
As indicated in the certifications in Exhibit 31 of this report, the Corporation's Chief Executive Officer, Chief Financial Officer, and Principal Accounting Officer have evaluated the Corporation's disclosure controls and procedures as of December 31, 2021. Based on that evaluation, these officers have concluded that the Corporation's disclosure controls and procedures are effective in ensuring that information required to be disclosed by the Corporation in the reports that it files or submits under the Securities Exchange Act of 1934, as amended, is accumulated and communicated to them in a manner that allows for timely decisions regarding required disclosures and are effective in ensuring that such information is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.
Management's Report on Internal Control Over Financial Reporting
Management, including the Corporation's Chief Executive Officer, Chief Financial Officer, and Principal Accounting Officer, is responsible for establishing and maintaining adequate internal control over the Corporation's financial reporting. Management conducted an evaluation of the effectiveness of internal control over financial reporting based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on this evaluation, management concluded that Exxon Mobil Corporation's internal control over financial reporting was effective as of December 31, 2021.
PricewaterhouseCoopers LLP, an independent registered public accounting firm, audited the effectiveness of the Corporation's internal control over financial reporting as of December 31, 2021, as stated in their report included in the Financial Section of this report.
Changes in Internal Control Over Financial Reporting
There were no changes during the Corporation's last fiscal quarter that materially affected, or are reasonably likely to materially affect, the Corporation's internal control over financial reporting.

Exxon Mobil Corp Controls & Procedures Analysis

Controls & Procedures